Standard Insurance Requirements

Description

City of Round Rock Insurance Requirements 1. INSURANCE: The Vendor (“Contractor”) shall procure and maintain at its sole cost and expense for the duration of the agreement or purchase order resulting from a response to the Solicitation/Specification, insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the work as a result of the solicitation by the successful respondent, its agents, representatives, volunteers, employees or subcontractors. 1.1. Certificates of Insurance and endorsements shall be furnished to the City of Round Rock (“City”) and approved by the City before work commences. 1.2. 1.3. The following standard insurance policies shall be required: 1.2.1. General Liability Policy 1.2.2. Automobile Liability Policy 1.2.3. Worker’s Compensation Policy The following general requirements are applicable to all policies: 1.3.1. Only insurance companies licensed and admitted to conduct business in the State of Texas shall be accepted. 1.3.2. Deductibles shall be listed on the Certificate of Insurance and are acceptable only on a per occurrence basis for property damage only. 1.3.3. Claims made policies shall not be accepted, except for Professional Liability Insurance. 1.3.4. Upon request, certified copies of all insurance policies shall be furnished to the City. 1.3.5. Policies shall include, but not be limited to, the following minimum limits: 1.3.5.1. Minimum General liability Coverage of 100/300/100. • $100,000 per accident • $300,000 policy limits • $100,000 per person 1.3.5.2. Property Damage Insurance with minimum limits of $100,000 for each occurrence. 1.3.5.3. Automobile Liability Insurance for all owned, non-owned, and hired vehicles with minimum limits for Bodily Injury of $100,000.00 each person, and $300,000.00 for each occurrence, and Property Damage Minimum limits of $100,000 for each occurrence. 1.3.5.4. Statutory Worker’s Compensation Insurance and minimum $100,000.00 Employers Liability Insurance. 1.3.6. Page 1 of 6 Coverage shall be maintained for two years minimum after the termination of the Agreement. DATED: AUGUST 2024 1.4.